Question
Shown below are selected data from the balance sheet of Pear, a small electronics store (dollar amounts are in thousands): Cash $ 750 Accounts receivable
Shown below are selected data from the balance sheet of Pear, a small electronics store (dollar amounts are in thousands):
Cash
$
750
Accounts receivable
$
1,350
Inventory
$
2,400
Total assets
$
9,000
Current liabilities
$
3,000
Noncurrent liabilities
$
3,750
-
What is the amount of working capital?
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College Accounting Chapters 1-9
Authors: James Heintz
22nd Edition
1305888537, 978-1305666184
